HCL.ASX: $2.6m order from Defence

$2.6m order from Defence

Stock	Highcom Ltd (HCL.ASX)
Release Time	22 May 2025, 9:51 a.m.
Price Sensitive	Yes

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$2.6m order from Defence for HighCom

Key Points

New A$2.6m Counter Small Uncrewed Aerial System contract received from Defence
Expanding into Counter Small Uncrewed Aerial Systems represents an exciting broadening of HighCom's product solutions
Contract award recognizes HighCom's strength and innovation in counter-drone technologies and reinforces the strategic importance of these capabilities

Full Summary

HighCom Limited (ASX: HCL) is pleased to announce that it has received an order from the Australian Department of Defence (Defence) to supply Counter Small Uncrewed Aerial System products. Working with internationally recognised and proven Counter Uncrewed Aerial System providers, this order demonstrates HighCom's commitment to solving Defence's capability needs through understanding, innovating, and identifying industry's best solutions. HighCom's Chief Executive Officer Mr Todd Ashurst commented that the award of this contract by the Department of Defence not only recognises the strength and innovation in counter-drone technologies HighCom can provide, but also reinforces the strategic importance of these capabilities in supporting national defence priorities. The new A$2.6m contract represents an exciting broadening of HighCom's product solutions, as the company expands into the Counter Small Uncrewed Aerial Systems market.